Fiverr International (NYSE:FVRR) Given New $30.00 Price Target at Oppenheimer

Key Points

• Oppenheimer has lowered its price target for Fiverr International from $35.00 to $30.00, suggesting a potential upside of 28.31% from the stock's current price.
• Several analysts have downgraded their ratings and price targets for Fiverr, with the average target price now at $32.78 and a consensus rating of "Moderate Buy".
• Fiverr reported earnings of $0.69 per share, missing estimates by $0.03, but its revenue for the quarter increased by 14.7% year-over-year.

Fiverr International (NYSE:FVRR - Get Free Report) had its price objective lowered by analysts at Oppenheimer from $35.00 to $30.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Oppenheimer's price target would suggest a potential upside of 28.31% from the stock's current price.

A number of other research firms have also recently issued reports on FVRR. JPMorgan Chase & Co. raised shares of Fiverr International from a "neutral" rating to an "overweight" rating and decreased their price target for the stock from $32.00 to $30.00 in a report on Thursday, July 31st. Wall Street Zen cut shares of Fiverr International from a "strong-buy" rating to a "buy" rating in a report on Sunday, June 29th. Royal Bank Of Canada reduced their target price on shares of Fiverr International from $35.00 to $28.00 and set a "sector perform" rating for the company in a report on Thursday, July 31st. UBS Group reduced their target price on shares of Fiverr International from $32.00 to $25.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Finally, Needham & Company LLC reissued a "buy" rating and set a $32.00 target price on shares of Fiverr International in a report on Tuesday. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.78.

Fiverr International Trading Up 2.0%

FVRR stock traded up $0.45 during mid-day trading on Tuesday, reaching $23.38. The company had a trading volume of 365,844 shares, compared to its average volume of 720,316. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $838.03 million, a PE ratio of 48.70 and a beta of 1.35. The firm has a 50 day moving average of $23.99 and a 200 day moving average of $26.58. Fiverr International has a 12 month low of $20.83 and a 12 month high of $36.11.

Fiverr International (NYSE:FVRR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by ($0.03). Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. The business had revenue of $108.65 million for the quarter, compared to the consensus estimate of $107.75 million. During the same quarter in the prior year, the business posted $0.58 earnings per share. Fiverr International's revenue for the quarter was up 14.7% on a year-over-year basis. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts predict that Fiverr International will post 1.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fiverr International

Large investors have recently bought and sold shares of the company. Assetmark Inc. acquired a new position in shares of Fiverr International during the 2nd quarter worth $41,000. Tower Research Capital LLC TRC increased its holdings in Fiverr International by 4,392.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company's stock valued at $90,000 after acquiring an additional 2,987 shares in the last quarter. PharVision Advisers LLC purchased a new position in Fiverr International during the 2nd quarter valued at about $234,000. MQS Management LLC purchased a new position in Fiverr International during the 2nd quarter valued at about $248,000. Finally, Envestnet Asset Management Inc. purchased a new position in Fiverr International during the 2nd quarter valued at about $262,000. Hedge funds and other institutional investors own 59.00% of the company's stock.

Fiverr International Company Profile

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.

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